Horizon Global Corporation

NYSE:HZN Stock Report

Market Cap: US$48.8m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Horizon Global Future Growth

Future criteria checks 0/6

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

Auto Components earnings growth32.6%
Revenue growth raten/a
Future return on equityn/a
Analyst coverage

None

Last updatedn/a

Recent future growth updates

Recent updates

Seeking Alpha • Jan 03

Horizon Global to be acquired by First Brands Group

Horizon Global (NYSE:HZN) has entered into a definitive merger pact with First Brands Group, LLC, pursuant to which First Brands will acquire Horizon Global. Per the terms of the deal include an all-cash tender offer, which upon successful closing will entitle each stockholder of Horizon Global’s common stock to receive cash consideration of $1.75/share. The deal will result in a collection of market leading brands within the automotive industry, serving both OEM and the aftermarket channels under one group. The combined group will have improved access to capital to ensure the continued growth and product development that has been a long-term strategic priority for Horizon Global, enabling the group to focus on serving its broad customer base without interruption. The deal represents a 31% premium to the trading price prior to the strategic alternative announcement in August 2022, and a 237% premium over the 30 day volume weighted trading price in Horizon Global’s common stock. It expects the deal to be completed in the first quarter of 2023.
Seeking Alpha • Nov 09

Horizon Global GAAP EPS of -$0.92, revenue of $148.97M

Horizon Global press release (NYSE:HZN): Q3 GAAP EPS of -$0.92. Revenue of $148.97M (-24.2% Y/Y).
Seeking Alpha • Aug 08

Horizon Global announces review of strategic alternatives

Horizon Global (NYSE:HZN) said Monday its board authorized a review of strategic alternatives, which may involve a sale of a portion or the entirety of the company. HZN said there can be no assurance that the review process will result in any deal or other alternative. "We received inbound interest in the company and, given this level of interest, the board made the decision to review strategic alternatives," said HZN board chair John Kennedy. There is no set timetable for the strategic review.
Seeking Alpha • Jun 29

Horizon Global appoints CFO

The board of branded towing and trailering equipment company, Horizon Global (NYSE:HZN), appointed Jian James Zhou CFO, effective immediately. Zhou, replacing Dennis Richardville, most recently served as executive vice president and CFO for Joyson Safety Systems. Source: Press Release

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Horizon Global has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Earnings and Revenue Growth Forecasts

NYSE:HZN - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
9/30/2022675-90-67-49N/A
6/30/2022723-67-59-39N/A
3/31/2022764-44-65-43N/A
12/31/2021782-32-63-43N/A
9/30/2021794-21-36-16N/A
6/30/2021799-17-117N/A
3/31/2021697-35315N/A
12/31/2020661-362539N/A
9/30/2020628-621221N/A
6/30/2020604-101-13-4N/A
3/31/2020676-96-24-11N/A
12/31/2019690-109-67-57N/A
9/30/2019686-129-69-59N/A
6/30/2019702-128-93-84N/A
3/31/2019675-190-89-81N/A
12/31/2018714-218-82-70N/A
9/30/2018772-188-67-50N/A
6/30/2018818-144-28-7N/A
3/31/2018907-51024N/A
12/31/2017893-4-1314N/A
9/30/2017881-5-196N/A
6/30/2017792-11-813N/A
3/31/2017706-24019N/A
12/31/2016649-122135N/A
9/30/201658783042N/A
6/30/201658814N/A41N/A
3/31/20165799N/A30N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if HZN's forecast earnings growth is above the savings rate (2.1%).

Earnings vs Market: Insufficient data to determine if HZN's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if HZN's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if HZN's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if HZN's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if HZN's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/02/09 12:10
End of Day Share Price 2023/02/07 00:00
Earnings2022/09/30
Annual Earnings2021/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Horizon Global Corporation is covered by 6 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gerrick JohnsonBMO Capital Markets Equity Research
Michael NicholsB. Riley Securities, Inc.
Daniel MooreCJS Securities, Inc.